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Life Plan

The Nedbank Life Plan pays out a lump sum to beneficiaries upon the death of the life assured. It is ideal for protecting the dependants after the demise of the life assured. Nedbank Life Plan – Cash Back Option: under this scheme, the life assured is entitled to 50% of premiums paid every 5 years as a cash benefit to celebrate life.

Who can apply?

Any Nedbank client

What do you need to apply?

Complete an application form for Life Plan at your nearest branch.

Premium Schedule

	SUM ASSURED (CASH BACK OPTION)
	10,000	15,000	20,000	25,000	50,000	75,000
18-25	42	47	54	61	95	130
26-35	45	53	62	72	120	168
36-40	50	63	16	89	156	222
41-45	57	75	92	109	196	283
46-50	71	94	118	141	260	378
51-55	95	130	165	200	374	548
56-60	162	226	290	354	674	994

	SUM ASSURED (NO CASH BACK OPTION)
	10,000	15,000	20,000	25,000	50,000	75,000
18-25	28	32	36	39	58	130
26-35	29	34	39	44	70	168
36-40	32	39	46	53	90	222
41-45	36	45	55	65	113	283
46-50	43	57	70	83	150	378
51-55	59	79	99	119	220	548
56-60	102	140	179	217	410	994